The Low-Down on Solar. Should Your Family Switch?

The Low-Down on Solar. Should Your Family Switch?

Solar power is getting more and more affordable with each passing day. So should your family switch to solar power?

Are you tired of paying high electricity bills? Trying to get to the bottom of soaring electric bills can leave you with more questions than answers.

Fluctuating electricity costs only add to the confusion.

The good news is that there is a way out. Solar power is getting more and more popular as an off-grid solution for homes.

But should your family switch to solar power? Continue reading on below to find out.

Cost Savings

Every time you receive your monthly electricity energy bill, you’re never sure of what to expect. Electricity prices may be dictated by many factors, some of which are beyond your control.

As a consumer, you’re left with no option but to pay what you’re asked to pay.

If you choose to finance you’re a solar power system, you may be required to have a fixed minimal monthly payment. This payment replaces your electricity bill. If you pay for solar power installation in full, your electricity costs become zero post-installation.

Military families can use an Energy Efficient Mortgage (EEM) to finance this kind of cost-saving home improvement project.

Income-Earning Potential 

Some states ask their electricity suppliers to obtain a portion of their energy from solar generators. Every state has a different program but they’re all guided by the Renewable Portfolio Standard (RPS). If your system is generating more energy than you need, you can sell this energy back at a premium.

However, you’ll be required to have a Solar Renewable Energy Certificate (SREC). These certificates for each megawatt-hour of solar electricity produced. The value of an SREC is determined by supply and demand factors. 

If you choose not to participate in the SREC market, you can still push back excess energy back onto the grid. The energy will be sold to an electricity provider.

Increased Property Value

Many of the improvements you make on your property won’t add value that matches the cost involved. However, a solar system adds value to your property and gives it the right market appeal. The day you decide to sell your house, the solar system will be one of the major selling points.

Home buyers will prefer to buy a house with a functional solar energy system to buying one without then install it by themselves. This saves them time, energy and resources as well.

As a home seller, you’re likely to fetch a higher price for your house and this will recoup the original investment you made on the solar power system.

In markets with stiff competition, solar power systems can even be the determinant in selling your property or not. It acts as that bonus that offers potential home buyers a reason to consider your property over others.

Even though the value of a solar panel may increase your property tax, many states don’t increase your property tax based on this.

Reliable Power Supply

With grid electricity, energy is transported from big plants to your home via an extensive grid network, which may experience problems that lead to a power outage.

With solar power, the source of your energy is right at the top of your roof. That’s where the panels are fixed to tap daylight that is converted to energy. Because there is less wiring involved, the possibility of system failure is reduced.

Solar panels are tested post-installation to ensure they can withstand extreme weather conditions and high winds. Installers make sure the system is strongly held on your roof and there’s no risk of power interruption.

There are no limitations on the power-generating potential of solar panels. Solar power is generated from daylight, and not solar heat as many people think. This means your panels will tap power, even on rainy days.

Check out this link to find out more about solar power.

Energy Independence

Grid electricity suppliers often dictate electricity prices because of their monopoly status. When market or environmental forces increase the cost of power production and distribution, they’ll increase prices to meet the increased costs.

This always leaves consumers aggrieved.

With solar panel systems, you won’t need to reduce your power consumption to keep your electricity bills down.

Solar power is renewable and free to use. It gives you the freedom to power up your home without worrying about incurring high energy costs.  

Environmentally Friendly Power Supply

It’s a fact of life! Global warming is threatening the survival of the human and animal populations worldwide.

The fossil fuels used to generate electricity release gas emissions that harm the environment and the species that live in it.

Some of the harmful gases released into the environment include carbon dioxide, sulfur dioxide, nitrogen oxide and more.

The Sun is a clean energy source of energy. This means it is free of the harmful emissions associated with conventional electricity generation. Once solar panels have been installed, no fossil fuels are required to tap solar power.

If you want to contribute to global efforts geared towards using clean energy, switching to solar is the way to go.

Switch to Solar Today

Whether you’re looking to become energy-independent, use clean energy or simply avoid paying monthly electricity bills, solar power is the way to go.

While the initial cost of installing solar panels in your homes can be quite high, there are state-sponsored solar incentives and rebates that you may qualify for.

These incentives and rebates are meant to alleviate the financial burden associated with going solar.

In addition to the EEMs, find out which financial incentives are available for homeowners who switch to solar in your state.

At Homefront United, we love to write about topics on various aspects of military life. You’re welcome to browse through our guest blogs category to see what other interesting topics we’ve discussed.


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